Arauco’s revenues reached $1,346.7 million in the 1Q 2021, a decrease of 0.5% when compared to the previous quarter. This variation is mostly explained by lower revenues in pulp division, due to a sales volume decrease of 17.9% while average prices increased by 14.8%. Additionally, revenues for wood products division increased by 1.8% or $13.9 million.
Arauco’s net income was $102.4 million, equivalent to a $27.5 million increase when compared to the $74.9 million obtained during the 4Q 2020, and a $132.1 million increase compared to the 1Q 2020.
Adjusted EBITDA reached $384.7 million, a 1%, or $3.9 million increase compared to the $380.8 million obtained during the 4Q 2020, and a 97.7%, or $190.2 million increase compared to the same period of 2020.
Arauco is a global leader in sustainable forestry.
